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Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
 Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over $72 a tonne on higher oil prices and expectations that a recovery in global economy would spur demand.
Thermal coal prices in the globalCOAL Newcastle index rose $6.48 from the previous week to $72.79 a tonne, the highest since Feb. 24 when it stood at $73.38 a tonne. "There is some direction now with the gain in oil prices. Also, there is positive sentiment about the global economy that pulling up prices," a regional trader said.
Crude oil steadied at $66 a barrel on Thursday after hitting nearly seven-month high of $69.05 a tonne on Tuesday on expectations of an economic recovery.
Strong demand from China and India is also expected to spur recovery in global coal in the second half of this year, industry participants said at a recent industry gathering.
There were no physical trades registered on globalCOAL.
INDONESIA COAL
Chinese buyers were still scouting for Indonesia coal. One handimax of 6,300 kcal/kg air-dried basis (ADB), FOB mother vessel, has been sold to a Chinese buyer at $55 a tonne for delivery in July.
"The price was still a bit low because it was settled in April. We still see a lot of inquiries from China. Now, everybody suddenly wants to trade with China," said an Indonesian trader.
Indonesian coal prices are likely to go up to around $60 in coming weeks in line with a recovery in global coal prices, the trader said.
About 11,000 tonnes of Indonesian sub-bituminous coal of 5,600 kcal/kg ADB were traded at $39.5 a tonne, FOB barge from East Kalimantan, but there were no details of buyers.
"Inquiries are now starting to come in, because of a rise in prices," said another Indonesian trader.
In the domestic market, demand remained slow as power plants still have abundant supplies, of more than a month, traders said, adding power plants may be back to the market in the third quarter to secure stockpiles ahead of the rainy season.
Source: http://www.iii.co.uk/news/?type=afxnews&articleid=7354705&subject=companies&action=article
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Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
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- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
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